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What (who) is economic depression - definition
Economic depression
SUSTAINED, LONG-TERM DOWNTURN IN ECONOMIC ACTIVITY IN ONE OR MORE ECONOMIES
Economics depression; Depression (economic); Financial panics; Economic depressions; Depression (economics)
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.
despondent
![Allegory on melancholy, from circa 1729–40, etching and engraving, dimensions of the sheet: 42 × 25.7 cm, in the [[Metropolitan Museum of Art]] (New York City)](https://commons.wikimedia.org/wiki/Special:FilePath/Allegory on Melancholy Met DP885774.jpg?width=200 "Allegory on melancholy, from circa 1729–40, etching and engraving, dimensions of the sheet: 42 × 25.7 cm, in the [[Metropolitan Museum of Art]] (New York City)")
STATE OF LOW MOOD AND AVERSION TO ACTIVITY, WHICH CAN AFFECT A PERSON'S THOUGHTS, BEHAVIOR, MOTIVATION, FEELINGS, AND SENSE OF WELL-BEING
Depressed mood; Depression (depressed mood); Depressed (mood); Hopelessness; Psychological depression; Moping; Depression (psychology); Dispair; Discouragement; Depression (psychological); Symptoms of depression; Despair (emotion); Despair; Lypemania; Despairs; Despaired; Despairing; Despairedly; Despairingly; Despairer; Despairers; Desperational; Desperationally; Desperations; Desperative; Desperatively; Desperateness; Emotional Depression; Chronic Sadness; Depressive mood; Mental depression; Despondent; Depression mood; Causes of depression (mood); Risk factors for depression; Depressive symptoms; Big sad; Big Sad; Low mood; Feeling down; The big sad; Crippling depression; Alcohol and depression; Alcoholism and depression; Bullying and depression; Substance-induced depression
adj. despondent about, over
despondent
STATE OF LOW MOOD AND AVERSION TO ACTIVITY, WHICH CAN AFFECT A PERSON'S THOUGHTS, BEHAVIOR, MOTIVATION, FEELINGS, AND SENSE OF WELL-BEING
Depressed mood; Depression (depressed mood); Depressed (mood); Hopelessness; Psychological depression; Moping; Depression (psychology); Dispair; Discouragement; Depression (psychological); Symptoms of depression; Despair (emotion); Despair; Lypemania; Despairs; Despaired; Despairing; Despairedly; Despairingly; Despairer; Despairers; Desperational; Desperationally; Desperations; Desperative; Desperatively; Desperateness; Emotional Depression; Chronic Sadness; Depressive mood; Mental depression; Despondent; Depression mood; Causes of depression (mood); Risk factors for depression; Depressive symptoms; Big sad; Big Sad; Low mood; Feeling down; The big sad; Crippling depression; Alcohol and depression; Alcoholism and depression; Bullying and depression; Substance-induced depression
a.
Dispirited, disheartened, discouraged, dejected, depressed, low-spirited, in low spirits. See melancholy, a.
Examples of use of economic depression
1. As the country sank into economic depression, Mr.
2. The riots of 1'81 marked the low point of the worst economic depression that Britain had experienced since the 1'30s.
3. When Oswald Mosley created his New Party in 1'31, he believed it would thrive in times of economic depression.
4. As a consequence, Germany is prepared to accept a long–term economic depression in order to maintain its industrial base.
5. Oil prices have fallen from a record $147 per barrel in July to under $40 as a result of global economic depression.